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Side-by-side financial comparison of APPIAN CORP (APPN) and Resolute Holdings Management, Inc. (RHLD). Click either name above to swap in a different company.

APPIAN CORP is the larger business by last-quarter revenue ($202.9M vs $117.7M, roughly 1.7× Resolute Holdings Management, Inc.). Resolute Holdings Management, Inc. runs the higher net margin — -1.5% vs -2.5%, a 1.1% gap on every dollar of revenue. Resolute Holdings Management, Inc. produced more free cash flow last quarter ($189.2M vs $270.0K).

Appian Corporation is an American cloud computing and enterprise software company headquartered in McLean, Virginia, part of the Dulles Technology Corridor. The company sells a platform as a service (PaaS) for building enterprise software applications. It is focused on low-code development, process mining, business process management, and case management markets in North America, Europe, the Middle East and Southeast Asia.

Resolute Mining Limited is an Australian mining corporation focused on mining operations in Africa. It is currently operating two gold mines: the Syama Gold Mine in Mali and the Mako Gold Mine in Senegal.

APPN vs RHLD — Head-to-Head

Bigger by revenue
APPN
APPN
1.7× larger
APPN
$202.9M
$117.7M
RHLD
Higher net margin
RHLD
RHLD
1.1% more per $
RHLD
-1.5%
-2.5%
APPN
More free cash flow
RHLD
RHLD
$189.0M more FCF
RHLD
$189.2M
$270.0K
APPN

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
APPN
APPN
RHLD
RHLD
Revenue
$202.9M
$117.7M
Net Profit
$-5.1M
$-1.7M
Gross Margin
64.8%
55.7%
Operating Margin
-0.3%
30.2%
Net Margin
-2.5%
-1.5%
Revenue YoY
21.7%
Net Profit YoY
62.6%
EPS (diluted)
$-0.06
$-0.20

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
APPN
APPN
RHLD
RHLD
Q4 25
$202.9M
$117.7M
Q3 25
$187.0M
$120.9M
Q2 25
$170.6M
$119.6M
Q1 25
$166.4M
$103.9M
Q4 24
$166.7M
Q3 24
$154.1M
Q2 24
$146.4M
Q1 24
$149.8M
Net Profit
APPN
APPN
RHLD
RHLD
Q4 25
$-5.1M
$-1.7M
Q3 25
$7.8M
$-231.0K
Q2 25
$-312.0K
$-611.0K
Q1 25
$-1.2M
$-3.4M
Q4 24
$-13.6M
Q3 24
$-2.1M
Q2 24
$-43.6M
Q1 24
$-32.9M
Gross Margin
APPN
APPN
RHLD
RHLD
Q4 25
64.8%
55.7%
Q3 25
75.8%
59.0%
Q2 25
74.3%
57.5%
Q1 25
76.6%
52.5%
Q4 24
67.8%
Q3 24
75.9%
Q2 24
73.1%
Q1 24
74.6%
Operating Margin
APPN
APPN
RHLD
RHLD
Q4 25
-0.3%
30.2%
Q3 25
7.0%
34.3%
Q2 25
-6.4%
34.0%
Q1 25
-0.5%
24.7%
Q4 24
3.0%
Q3 24
-4.6%
Q2 24
-26.8%
Q1 24
-13.0%
Net Margin
APPN
APPN
RHLD
RHLD
Q4 25
-2.5%
-1.5%
Q3 25
4.2%
-0.2%
Q2 25
-0.2%
-0.5%
Q1 25
-0.7%
-3.2%
Q4 24
-8.2%
Q3 24
-1.4%
Q2 24
-29.8%
Q1 24
-22.0%
EPS (diluted)
APPN
APPN
RHLD
RHLD
Q4 25
$-0.06
$-0.20
Q3 25
$0.10
$-0.03
Q2 25
$0.00
$-0.07
Q1 25
$-0.02
$-0.39
Q4 24
$-0.18
Q3 24
$-0.03
Q2 24
$-0.60
Q1 24
$-0.45

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
APPN
APPN
RHLD
RHLD
Cash + ST InvestmentsLiquidity on hand
$187.2M
$205.5M
Total DebtLower is stronger
$240.8M
$169.8M
Stockholders' EquityBook value
$-47.0M
$6.5M
Total Assets
$691.4M
$333.4M
Debt / EquityLower = less leverage
26.03×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
APPN
APPN
RHLD
RHLD
Q4 25
$187.2M
$205.5M
Q3 25
$191.6M
$148.0M
Q2 25
$184.8M
$99.9M
Q1 25
$199.7M
$71.0M
Q4 24
$159.9M
Q3 24
$99.2M
Q2 24
$120.8M
Q1 24
$170.1M
Total Debt
APPN
APPN
RHLD
RHLD
Q4 25
$240.8M
$169.8M
Q3 25
$245.7M
$173.4M
Q2 25
$245.6M
$177.1M
Q1 25
$248.0M
$180.7M
Q4 24
$250.4M
Q3 24
$252.8M
Q2 24
$254.0M
Q1 24
$255.1M
Stockholders' Equity
APPN
APPN
RHLD
RHLD
Q4 25
$-47.0M
$6.5M
Q3 25
$-48.5M
$10.8M
Q2 25
$-53.7M
$9.6M
Q1 25
$-31.7M
$8.9M
Q4 24
$-32.6M
Q3 24
$-49.8M
Q2 24
$-45.7M
Q1 24
$-9.7M
Total Assets
APPN
APPN
RHLD
RHLD
Q4 25
$691.4M
$333.4M
Q3 25
$611.7M
$293.2M
Q2 25
$590.7M
$253.3M
Q1 25
$592.9M
$214.3M
Q4 24
$621.0M
Q3 24
$549.9M
Q2 24
$554.6M
Q1 24
$595.4M
Debt / Equity
APPN
APPN
RHLD
RHLD
Q4 25
26.03×
Q3 25
16.01×
Q2 25
18.42×
Q1 25
20.38×
Q4 24
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
APPN
APPN
RHLD
RHLD
Operating Cash FlowLast quarter
$1.1M
$196.1M
Free Cash FlowOCF − Capex
$270.0K
$189.2M
FCF MarginFCF / Revenue
0.1%
160.8%
Capex IntensityCapex / Revenue
0.4%
5.8%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$59.6M
$313.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
APPN
APPN
RHLD
RHLD
Q4 25
$1.1M
$196.1M
Q3 25
$18.7M
$59.6M
Q2 25
$-1.9M
$48.9M
Q1 25
$45.0M
$18.4M
Q4 24
$13.9M
Q3 24
$-8.2M
Q2 24
$-17.6M
Q1 24
$18.9M
Free Cash Flow
APPN
APPN
RHLD
RHLD
Q4 25
$270.0K
$189.2M
Q3 25
$18.1M
$58.6M
Q2 25
$-3.1M
$47.5M
Q1 25
$44.3M
$17.8M
Q4 24
$13.4M
Q3 24
$-8.6M
Q2 24
$-18.3M
Q1 24
$16.7M
FCF Margin
APPN
APPN
RHLD
RHLD
Q4 25
0.1%
160.8%
Q3 25
9.7%
48.5%
Q2 25
-1.8%
39.7%
Q1 25
26.6%
17.1%
Q4 24
8.0%
Q3 24
-5.6%
Q2 24
-12.5%
Q1 24
11.1%
Capex Intensity
APPN
APPN
RHLD
RHLD
Q4 25
0.4%
5.8%
Q3 25
0.3%
0.8%
Q2 25
0.7%
1.2%
Q1 25
0.4%
0.6%
Q4 24
0.3%
Q3 24
0.2%
Q2 24
0.5%
Q1 24
1.5%
Cash Conversion
APPN
APPN
RHLD
RHLD
Q4 25
Q3 25
2.39×
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

APPN
APPN

Subscriptions Software And Support$162.3M80%
Professional Services$40.6M20%

RHLD
RHLD

Segment breakdown not available.

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